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Sharekhan Vs HDFC Securities NRI Account Comparison

The side-by-side comparison of Sharekhan and HDFC Securities NRI Account. Compare Sharekhan Vs HDFC Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read HDFC Securities and Sharekhan NRI Account reviews.

Find out Sharekhan Vs HDFC Securities which is better NRI Trading Account. See Sharekhan Vs HDFC Securities which is best NRI Demat Account.

Our Sharekhan comparison with HDFC Securities Ltd highlights the major differences between two brokers. Find the best between Sharekhan and HDFC Securities NRI Account.

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Sharekhan Vs HDFC Securities

  Sharekhan HDFC Securities
 
  Sharekhan Logo HDFC Securities Ltd Logo
About the Broker Sharekhan, a leading full-service broker in India, offers NRI Stock Trading and Demat accounts to NRI, PIO and OCI customers. Sharekhan offers a 3-in-1 NRI Trading account in partnership with Axis, Indusind, IDBI and HDFC Bank. This account comprises... Know more about Sharekhan HDFC, a leading private bank in India, offers online trading and investment services in India Stock Market to NRIs located across the globe. HDFC NRI 3-in-1 Account offers a seamless trading experience to NRIs. It offers an integrated NRI trading acc... Know more about HDFC Securities Ltd
Account Type Sharekhan NRI Account NRI Account
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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Sharekhan Vs HDFC Securities Charges

  Sharekhan HDFC Securities
NRI Account Opening Fees ₹2000 ₹2500
NRI Account AMC ₹3000 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 400 (Free for 1st year) Rs 750
PIS Account AMC
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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Sharekhan Vs HDFC Securities NRI Account Brokerage Comparison

Account Type Sharekhan Sharekhan NRI Account HDFC Securities NRI Account
Equity Delivery 0.50% 0.75%
Equity Futures 0.1% on first leg and 0.02% on second leg 0.025% (Both Buy & Sell)
Equity Options ₹250 per contract note ₹100 per lot

Other Charges

Contract Note Reporting Charges
Other Brokerage Charges PIS Acct AMC: ₹1000 Minimum Brokerage: ₹25, PIS AMC: ₹1000
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
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Sharekhan Vs HDFC Securities NRI Account Taxes/Fees

  Sharekhan HDFC Securities
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Sharekhan Vs HDFC Securities NRI Account Margin

  Sharekhan Margin HDFC Securities Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Sharekhan and HDFC Securities NRI Account Features

  Sharekhan HDFC Securities
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips Yes Yes
Other Features Call & Trade, Dedicated Relationship Manager, Branch Support

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Sharekhan Vs HDFC Securities NRI Account Review

  Sharekhan Review HDFC Securities Review
  312 Customer Reviews    Rate Sharekhan 230 Customer Reviews    Rate HDFC Securities
Fees 3.0 2.1
Brokerage 2.8 1.8
Trading Platform 3.7 2.8
Customer Service 3.3 2.5
Overall Rating Rated 3.3 stars Rated 2.1 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 312 customer reviews HDFC Securities is Rated 2.1 / 5 based on 230 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire HDFC Securities Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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Sharekhan Vs HDFC Securities NRI Investment Options

  Sharekhan HDFC Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options PMS, Wealth Management Bonds, Equity F&O, ETFs

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Sharekhan Vs HDFC Securities NRI Customer Service

  Sharekhan HDFC Securities
Customer Care Number +91 022 6518500 +91 2267 6061 61
Customer Care Email nridesk@sharekhan.com

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Sharekhan Vs HDFC Securities Order Type Offered for NRI Account

  Sharekhan HDFC Securities
Bracket Order Yes
Cover Order Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes

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Sharekhan Vs HDFC Securities - NRI Account Advantages and Disadvantages

  Sharekhan HDFC Securities
Pros
  1. One of the largest stock brokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs and Bonds.
  5. Offers PMS services for wealth management
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
  1. Offers 3-in-1 NRI account for trading and investment.
  2. A subsidiary of renowned HDFC Bank.
  3. Offers online mutual fund facility through 'Digify'', a digital mutual fund platform.
  4. Offers AMO and GTC order facility.
  5. Research team offers trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. Offers loan facility against securities held in NRI demat account.
Cons
  1. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
  1. Brokerage charges are very high in comparison to discount brokers like Zerodha.
  2. Doesn't offer online trading to USA and Canada based NRIs.
Conclusion

Sharekhan is a good choice as a stock broker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

HDFC is a good choice for NRIs to trade and invest in stocks, mutual funds and other investment products in India. Barring NRIs from the USA and Canada, it offers a convenient way to invest online. HDFC is a full-service broker offering services like RM, NRI support desk, free research, and tips, etc., to help NRIs take informed trading decisions. It also offers loan against securities held in the demat accounts. The GTC and AMO order helps NRIs in placing orders as per their convenience.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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